Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$612,450$612,450$665,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$52,650$0
Funding fee$3,062$3,062$0
Note rate6.120%6.120%7.400%
Blended rate6.120%6.348%7.640%
1st payment$3,886.64$3,886.64$4,605.02
2nd payment$0.00$394.88$0.00
Taxes / mo$615.83$615.83$615.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.02
HOA / mo$124.00$124.00$124.00
Total monthly$4,843.14$5,238.02$5,694.54
Cash to close$126,550$73,900$73,900